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January 9, 2017updated 16 Feb 2017 3:12pm

What is Cisco?

Cisco thrived through the early days of the internet and became the world's most valuable company in 2002.

By Ellie Burns

Cisco is a US technology company that is best known for its networking products.

Headquartered in California, Cisco develops, manufactures and sells networking hardware, telecoms equipment and other IT services and products.

The company was founded in 1984 by Leonard Bosack and Sandy Lerner. The pair pioneered the concept of the Local Area Network (LAN) being used to connect computers over large distances using a multiprotocol router system.

This put Cisco in a good position to capitalise on the rise of the World Wide Web in the 1990s, with the company outlasting many competitors who failed during the dot-com bubble.

 

How much was Cisco worth when it was the most valuable company in the world?

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